XRP Price Prediction: Targeting $27 in 60 Days? Historical Patterns Show It's Possible

XRP has entered a challenging period in recent weeks. The digital asset has experienced back-to-back monthly declines for the first time since December 2022.

XRP has entered a challenging period in recent weeks with the digital asset experiencing back-to-back monthly declines for the first time since December 2022.

The cryptocurrency is currently down 3.16% for March 2025. This follows February’s steep 29.33% decline that pushed XRP below the important $3 level.

Trading volumes also show selling pressure remains dominant. The most recent 24-hour period saw another 5.7% price drop, bringing XRP closer to the $2 support level.

This coincides with increasingly negative market sentiment. The crypto Fear and Greed Index now registers a reading of 24, firmly in ‘fear’ territory.

2017 Pattern Comparison

However, some analysts see opportunity in this downturn. EGRAG Crypto has highlighted striking similarities between current market conditions and XRP’s behavior during the 2017 bull cycle.

In 2017, XRP reached an initial peak of $0.3988 in May. But the coin then experienced a correction. From there, the price found support at $0.1891 in early November 2017.

After six weeks of consolidation, XRP began a powerful upward move. This rally lasted three weeks and ultimately pushed prices to $3.8 by January 2018.

From bottom to peak, that entire sequence took approximately 63 days (9 weeks). EGRAG believes this pattern is now repeating.

#XRP – $27 In 60 Days!!!!!

Historical Patterns Indicate It Can Be Done In 60 Days! 📅🚀

What’s your take on the current market sentiment? 🤔

Are you feeling #Bearish or #Bullish? 📉📈

I’d love to hear your thoughts—drop your comments below! 💬👇 pic.twitter.com/kDSAo8rENt

— EGRAG CRYPTO (@egragcrypto) March 31, 2025

The $27 Price Projection

With XRP recently establishing a floor near $2, EGRAG suggests a similar 63-day timeline could see prices reach $27 by June 2025.

This specific target is derived from the 1.618 Fibonacci extension level. During the 2017 bull run, XRP reached its 1.618 Fibonacci extension at approximately $3.3.

EGRAG has consistently maintained this $27 price target. The analyst first mentioned this goal in February 2024 when XRP traded at just $0.54.

At current price levels, reaching $27 would require a 1,191% increase. While still ambitious, this presents a more modest climb than the 4,900% gain needed when first predicted a year ago.

Elliott Wave Analysis

Another respected analyst, Dark Defender, offers a somewhat more conservative but still bullish outlook. He focuses on Elliott Wave theory in his projections.

Dark Defender identifies $2.222 as a crucial resistance level. Breaking above this price could trigger renewed upward momentum.

Recent price action has brought XRP to its lowest Fibonacci level in the current structure. The analyst notes further retracement to $2.04 remains possible.

Despite short-term weakness, Dark Defender maintains a $5 to $8 price target. This range aligns with the completion of the fifth wave in Elliott Wave theory.

Hi all!

I hope you are well! #XRP has touched our lowest Fibonacci level.

As stated, $2.222 is the key level and should be broken upwards.

We set $2.04 as our last Fibonacci level, and we can visit there again!

April-May will be hot, and our Targets of Wave 5 stand at… pic.twitter.com